Europe Research Roundup: Auto Trader, Melrose Industries, Softcat
EUROPE RESEARCH ROUNDUP-Auto Trader, Melrose Industries, Softcat May 27 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auto Trader, Melrose Industries and Softcat on Wednesday.
HIGHLIGHTS
* Auto Trader AUTOA.L: Peel Hunt raises to buy from add |
* Cranswick Plc CWK.L: RBC raises to outperform from sector perform |
* Halma Plc HLMA.L: Morgan Stanley raises target price to 4500p from 3860p |
* Melrose Industries MRON.L: Exane BNP Paribas cuts to underperform from neutral |
* Softcat Plc SCTS.L: Jefferies raises target price to 1700p from 1210p |
Following is a summary of research actions on European companies reported by Reuters on Wednesday. Stock entries are in alphabetical order.
* Aixtron SE AIXGn.DE: BofA Global Research raises PT to EUR 72 from EUR 54 |
* ALM. Brand Group ALMB.CO: Barclays cuts target price to DKK 20 from DKK 23 |
* Auto Trader AUTOA.L: Peel Hunt cuts target price to 630p from 890p |
* Auto Trader AUTOA.L: Peel Hunt raises to buy from add |
* Befesa BFSA.DE: Kepler Cheuvreux raises target price to EUR 45 from EUR 37 |
* Cranswick Plc CWK.L: RBC raises target price to 6100p from 5500p |
* Cranswick Plc CWK.L: RBC raises to outperform from sector perform |
* De Nora DNR.MI: Kepler Cheuvreux raises target price to EUR 8.40 from EUR 7.30 |
* Dermapharm Holding SE DMPG.DE: Jefferies raises target price to EUR 44 from EUR 34 |
* Eiffage FOUG.PA: Citigroup raises target price to EUR 155 from EUR 125 |
* Eiffage FOUG.PA: Citigroup raises to buy from neutral |
* Elior Group SA ELIOR.PA: Citigroup cuts target price to EUR 2.4 from EUR 3.6 |
* Elior Group SA ELIOR.PA: Citigroup cuts to neutral from buy |
* Epiroc EPIRa.ST: Citigroup raises target price to SEK 305 from SEK 294 |
* Ferrovial FER.MC: Citigroup cuts target price to EUR 60 from EUR 64.3 |
* Ferrovial FER.MC: Citigroup cuts to neutral from buy |
* Halma Plc HLMA.L: Morgan Stanley raises target price to 4500p from 3860p |
* IQE Plc IQE.L: Deutsche Bank reinitiates coverage with buy rating |
* IQE Plc IQE.L: Deutsche Bank reinitiates coverage with target price 60p |
* Italy'S Prysmian PRY.MI: JP Morgan raises target price to EUR 172 from EUR 138 |
* Land Securities LAND.L: Bernstein raises PT to 800p from 770p |
* Land Securities LAND.L: UBS raises target price to 715p from 705p |
* Melrose Industries MRON.L: Exane BNP Pariba cuts target price to 470p from 570p |
* Melrose Industries MRON.L: Exane BNP Paribas cuts to underperform from neutral |
* Pepco Group NV PCOP.WA: UBS raises PT to PLN 39 from PLN 34 |
* Puig PUIGb.MC: BofA Global Research resumes coverage with price objective EUR 17.5 |
* Puig PUIGb.MC: BofA Global Research resumes coverage with buy rating |
* Rockwool ROCKb.CO: UBS raises PT to DKK 260 from DKK 255 |
* Sampo SAMPO.HE: Barclays raises target price to EUR 11 from EUR 10.5 |
* Sampo SAMPO.HE: Barclays raises to overweight from equal-weight |
* Softcat Plc SCTS.L: Jefferies raises target price to 1700p from 1210p |
* Stellantis N.V. STLAM.MI: UBS cuts target price to EUR 9.50 from EUR 9.70 |
* Suedzucker AG SZUG.DE: Barclays cuts target price to EUR 14 from EUR 15 |
* Telekom Austria TELA.VI: Kepler Cheuvreux raises PT to EUR 10.60 from EUR 9.20 |
* Victrex VCTX.L: Barclays cuts target price to 610p from 660p |
* Vinci SGEF.PA: Citigroup cuts to neutral from buy; cuts PT to EUR 133 from EUR 140 |
(Compiled by Bengaluru Newsroom)